American Honda Finance issues largest ABS deal in 16 years
American Honda Finance Corp. has issued its second auto asset-backed securitization deal of the year, the largest prime transaction since…
American Honda Finance Corp. has issued its second auto asset-backed securitization deal of the year, the largest prime transaction since…
The adoption of electronically originated auto loans slowed sequentially in the third quarter but remained elevated on a year-over-year basis,…
General Motors Co. is pulling earnings guidance for 2025 and putting $4 billion in share buybacks on hold until it…
Capital One Auto Finance’s originations climbed in the first quarter as the bank leaned into growth of its auto business…
Automotive retail sales were mostly flat in April as manufacturers continued to offer incentives to spur sales amid affordability concerns…
Homeowners pose an opportunity for auto lenders in the Canadian market as tightened credit standards and high interest rates limit…
Credit access improved and vehicle prices were steady in March before tariffs took effect, while the first wave of first-quarter…
Nissan Motor Co. Chief Financial Officer Stephen Ma is set to step down from his position, people with knowledge of…
Hope Mehlman has been appointed to serve as Ally Financial’s first chief legal and corporate affairs officer, effective Dec. 2. …
Since early last year, the cars rolling off Tesla Inc.’s California assembly lines have been selling for steadily lower prices. This has…
Ongoing credit tightening at CarMax Auto Finance paved the way for allowance for credit loss reductions as the lender’s portfolio…
EV leasing has helped drive adoption, but more education is needed to win over skeptical consumers. “We have an EV…
Retail marine sales continued to wane in September and October alongside declining wholesale RV values as powersports segments enter their…
Carvana’s second-quarter earnings showed significant gains in originations and sales. Originations totaled $3.1 billion, up 51.1% year over year and…
Although it’s been a week since software provider CDK Global’s systems were restored following a cyberattack, some dealerships are still experiencing…